CBOE · ACTIVE ETF
MPLY
Monopoly ETF
NAV · 11/09/2026
$31.91
MKT $31.94 · +0.0802%
In MPLY, we invite investors to own the board by investing in the titans of industry.
The Monopoly ETF (MPLY) seeks to provide long-term capital appreciation. The Fund seeks to achieve its investment objective by primarily investing in the common stock of companies that demonstrate “Monopolistic Attributes."
Daily NAV & Market Price
As of 11/09/2026
- NAV
- $31.91
- Market price
- $31.94
- Premium / discount
- +0.0802%
- Total net assets
- $17.87M
- Shares outstanding
- 560,000
- Median bid/ask (30 day)
- 0.1512%
NAV is the value of all fund assets, including accruals and cash, less liabilities, divided by shares outstanding. Market price is the official closing price of the ETF share.
Shares are bought and sold at market price (not NAV). Brokerage commissions will reduce returns. See important disclosures below.
Own the companies that control the board
The Monopoly ETF (MPLY) seeks to provide long-term capital appreciation. The Fund seeks to achieve its investment objective by primarily investing in the common stock of companies that demonstrate “Monopolistic Attributes”.
The strategy is based on a simple premise: businesses with structural advantages may be better positioned to navigate changing market conditions, preserve profitability, and create long-term value. This is not about predicting short-term market movements. It is about focusing on companies that may have the characteristics necessary to remain leaders regardless of where the market goes next.
Performance
Cumulative (%) as of 10/31/2026 (1 YR or Less) Annualized (%) as of 9/30/2026 (Greater than 1 YR)
| MPLY | YTD | 1 MO | 3 MOS | 6 MOS | 1 YR | SINCE INCEPTION |
|---|---|---|---|---|---|---|
| NAV | +5.16 | -3.32 | +1.96 | +1.37 | +11.79 | +22.11 |
| Market Price | +5.02 | -3.49 | +1.76 | +1.18 | +11.96 | +22.24 |
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the ETF shares will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market returns are based on the composite closing price and do not represent the returns you would receive if you traded the shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date.
Top 10 Holdings
As of 11/10/2026
| Holding | Ticker | Market value % | Market value | Shares |
|---|---|---|---|---|
| APPLE INC. | AAPL US | 9.780% | $1,747,488.27 | 4,983 |
| MICROSOFT CORP | MSFT US | 9.162% | $1,637,175.54 | 3,003 |
| NVIDIA CORP | NVDA US | 8.711% | $1,556,573.04 | 8,712 |
| ALPHABET INC | GOOG US | 7.864% | $1,405,167.13 | 4,913 |
| AMAZON.COM INC. | AMZN US | 6.468% | $1,155,806.90 | 4,330 |
| SPACE EXPLORATION TECHNOL | SPCX US | 4.580% | $818,323.20 | 5,760 |
| TAIWAN SEMICONDUCTOR MANU | TSM US | 4.556% | $814,158.90 | 2,095 |
| META PLATFORMS INC | META | 3.880% | $693,320.97 | 1,081 |
| TESLA INC | TSLA US | 3.588% | $641,172.80 | 1,696 |
| BROADCOM INC | AVGO | 3.478% | $621,388.60 | 1,945 |
Holdings represent the Fund’s 10 largest positions as of the date indicated, are subject to change at any time without notice, and may not be representative of the Fund’s current or future investments. The information provided is not a recommendation to buy, sell, or hold any particular security. The securities identified do not represent all of the securities held by the Fund, and it should not be assumed that investments in the securities identified are or will be profitable.
Premium / Discount
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Data presented represents past performance and cannot be used to predict future results.
Fund Details
As of 11/09/2026
| Ticker | MPLY |
|---|---|
| CUSIP | 86280R779 |
| Inception | 5/15/2025 |
| Exchange | CBOE |
| Distribution Frequency | Annually |
| Investment Advisor | Rational Advisors, Inc. |
| Investment Sub-Adviser | Rareview Capital LLC |
| Total Annual Operating Expense Ratio | 0.79% |
| Portfolio Manager | Neil Azous |
Neil Azous
- Portfolio Manager
- Founder and CIO of Rareview Capital
- 28+ years of investment experience, including prior work experience at Goldman Sachs, UBS Investment Bank, Donaldson Lufkin & Jenrette, and Navigate Advisors.
- BA from the University of Washington
Fund Documents
Disclosures
For more complete information on Strategy Shares, download and view a prospectus or summary prospectus now or call (855) 477-3837 for a free prospectus or summary prospectus. You should consider the fund's investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important subjects is in the fund's prospectus or summary prospectus, which you should read carefully before investing. Investing involves risk, including loss of principal. There is no guarantee that this, or any investment strategy, will succeed. Shares of this ETF are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns. Total Returns are calculated using the daily 4:00pm net asset value (NAV). The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date.
Equity Securities Risk. The price of common stock in the Fund’s portfolio will fluctuate based on actual or perceived changes in a company’s financial condition and on market and economic conditions. Investor perceptions are based on various and unpredictable factors, including expectations regarding government, economic, monetary and fiscal policies; inflation and interest rates; economic expansion or contraction and global or regional political, economic and banking crises.
Foreign Securities Risk. Since the Fund’s investments may include ADRs, the Fund is subject to risks beyond those associated with investing in domestic securities. The value of foreign securities is subject to currency fluctuations.
Management Risk. The investment strategies and models employed by the Sub-Advisor in selecting investments and asset allocations for the Fund may not result in an increase in the value of your investment or in overall performance equal to other similar investment vehicles having similar investment strategies.
New Fund Risk. The Fund is a relatively new fund with limited history of operations as an ETF for investors to evaluate. If the Fund is unable to achieve an economic size, expenses will be higher than expected and the Fund might close, which could produce adverse tax consequences for shareholders.
The Strategy Shares are distributed by Foreside Fund Services, LLC, which is not affiliated with Rational Advisors, Inc., or any of its affiliates.